Zetwerk to raise Rs 600 Cr from two co-founders

IPO-bound B2B e-commerce unicorn Zetwerk is raising Rs 600 crore (approximately $70 million) from its promoters through a newly formed entity, Creovate Innovation Private Limited.

The company’s board has passed a special resolution to issue 6.46 crore preference shares to facilitate the fund infusion, as per documents reviewed by Entrackr.

Creovate Innovation was incorporated in March 2025 by Zetwerk’s co-founders Amrit Pratik Acharya and Srinath Ramakkrushnan. According to the…